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Wu Jiezhuang: Stablecoins have great development potential in Hong Kong, but retail investors should remain cautious
Summary: According to Hong Kong media New City Financial Channel, Hong Kong legislator Wu Jiezhuang stated that there is a significant potential for the development of stablecoins in Hong Kong. He believes that stablecoins will become a combination of innovative finance and the real economy, providing more value-added and entrepreneurial opportunities in the future. While welcoming ...
According to Hong Kong media New City Financial Channel, Hong Kong legislator Wu Jiezhuang stated that there is a significant potential for the development of stablecoins in Hong Kong. He believes that stablecoins will become a combination of innovative finance and the real economy, providing more value-added and entrepreneurial opportunities in the future. While welcoming internet companies and financial institutions planning to issue stablecoins in Hong Kong, Wu Jiezhuang cautioned retail investors against greed, advising them to first understand the investment risks and maintain a cautious attitude when investing.
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Link: Wu Jiezhuang: Stablecoins have great development potential in Hong Kong, but retail investors should remain cautious [Copy]
